Financial Services

The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects. Venom Foundation has been...

Cash prizes of AED 1 million each for two lucky winners, and 100 daily and 100 monthly winners Every foreign exchange transaction will give customers...

A  shift in savings behavior leads to one of the most profitable years for National Bonds Eight new millionaires were created in 2021, and savers...

The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of...

79% of hedge fund and asset managers surveyed plan to increase outsourcing of data services A global survey of quant fund managers who collectively oversee...

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial...

Fully digital platform to support investor participation ahead of upcoming listings on DFM Individual investors to benefit from seamless, paperless journey from subscription to payment Real-time...

85% agree that financial service providers who are unprepared for mass tokenisation of assets risk being left behind More than half (52%) of fund managers...

UAE reaches EMEA top ten Fintech deals list in H1’21, says KPMG’s Pulse of Fintech H1 2021 – EMEA report. In the United Arab Emirates...

PB Fintech FZ (‘Policybazaar UAE’), an online financial aggregator has entered into a technical/API integration with Al Etihad Credit Bureau (AECB) to implement real-time...

Few industries are more complex or contain more moving parts than the financial and banking industries. On top of this complexity are higher stakes,...

Al Etihad Credit Bureau (AECB) today announces it has started including court-ordered payment obligations from Dubai Courts in its Credit Reports, upon completing system integration...

Dubai Financial Market (DFM) today announced that the minimum trading commission will be waived as of 1st of September 2021, as part of its...

KPMG’s Pulse of Fintech reveals investment hit USD 98 billion. USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...

77% of respondents in the GCC access digital banking services at least once a week. 44% are willing to switch to a different bank due...

The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem. The UAE...

Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...

Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures. The Ministry of Economy (MoE) held an extensive media briefing on the system...